The annual salary statistics of economists in Chicago-Joliet-Naperville (IL Metropolitan Division), Illinois is shown in Table 1. The wage information of economists in Chicago-Joliet-Naperville (IL Metropolitan Division) is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $65,000 |
| 25th Percentile Wage | $84,150 |
| 50th Percentile Wage | $101,700 |
| 75th Percentile Wage | $126,860 |
| 90th Percentile Wage | $153,800 |
Table 1 shows the average annual salary for economists in Chicago-Joliet-Naperville (IL Metropolitan Division), Illinois in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $153,800. The median (50th percentile) annual salary is $101,700. The average annual salary for the bottom 10 percent earners is $65,000.
The table and chart below show the trend of the median salary of economists from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $101,700 | 0.43% | 6.40% |
| 2016 | $101,260 | 8.32% | - |
| 2015 | $92,840 | 1.44% | - |
| 2014 | $91,500 | -4.05% | - |
| 2013 | $95,210 | 0.02% | - |
| 2012 | $95,190 | - | - |
From Table 3 we note that with a median annual salary of $101,700, Chicago-Joliet-Naperville (IL Metropolitan Division) is the second highest paying city for economists in state of Illinois, following the highest paying city Chicago-Joliet-Naperville (IL-IN-WI Area) (median annual salary of $134,940). Compared with Chicago-Joliet-Naperville (IL-IN-WI Area), the median annual salary of economists in Chicago-Joliet-Naperville (IL Metropolitan Division) is 24.6 percent (24.6%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Chicago-Joliet-Naperville (IL-IN-WI Area) | |
| Chicago-Joliet-Naperville (IL Metropolitan Division) |